Hartford Marathon Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061415320 ✦ East hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Hartford Marathon Foundation Inc?

Hartford Marathon Foundation Inc, based in East Hartford, Connecticut, is a nonprofit organization that plays a pivotal role in promoting health and fitness within the community. The foundation annually produces a variety of athletic events, including the renowned Hartford Marathon, and over 30 other engaging activities. Beyond organizing these events, the foundation also offers free, running-focused training programs for schoolchildren across Connecticut. The primary objective of this organization is to provide ample health and fitness opportunities for its community, fostering a healthier lifestyle among its residents. With a dedicated workforce of 11 individuals, Hartford Marathon Foundation Inc continues to make strides in promoting active living and community well-being.


Official website here: www.hartfordmarathon.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 98% (Four-Star out of Four Star rating)

The Hartford Marathon Foundation Inc has achieved a remarkable score of 98%, reflecting its strong performance in accountability and finance, which received a perfect score of 100. The organization demonstrates a high level of transparency and fiscal responsibility, with an independent board composed entirely of 16 members. Its policies regarding financial oversight, conflict of interest, and whistleblowing are robust, contributing to its excellent financial health and operational integrity.

In addition to financial accountability, the nonprofit scores well in culture and community engagement, with an overall score of 86. Constituent feedback is highly regarded, with the foundation scoring 100 in areas such as feedback collection and usage. This indicates that the organization actively listens to its stakeholders and adapts its practices based on their input, fostering a strong sense of community involvement.

However, while the foundation excels in many areas, its equity strategies score of 79 suggests there may be room for improvement in inclusivity and equitable practices. Overall, the Hartford Marathon Foundation Inc stands out as a reputable nonprofit with strong governance and community engagement, though it may benefit from further enhancing its equity initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Hartford Marathon Foundation Inc legitimate?

Hartford Marathon Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartford Marathon Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $160,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,131

For more financial information, click here


Official website here: www.hartfordmarathon.com

What is the mission statement of Hartford Marathon Foundation Inc?

The Hartford Marathon Foundation Inc's mission is centered around providing health and fitness opportunities for the community. In pursuit of this goal, the foundation annually produces various athletic events, including the Hartford Marathon, and offers free, running-based training programs for schoolchildren across Connecticut. These initiatives aim to promote an active and health-conscious lifestyle within the community.


Official website here: www.hartfordmarathon.com

Who is the CEO of Hartford Marathon Foundation Inc?

Elizabeth G Shluger is the Ceo & Execut of Hartford Marathon Foundation Inc. The CEO's salary of Hartford Marathon Foundation Inc is $200,000 and their total compensation is $200,000.


Official website here: www.hartfordmarathon.com

What is the revenue of Hartford Marathon Foundation Inc?

Hartford Marathon Foundation Inc's revenue in 2022 was $2,630,130.


Official website here: www.hartfordmarathon.com

Who are the executives of Hartford Marathon Foundation Inc and what are their salaries?

The average compensation at Hartford Marathon Foundation Inc during 2022 was $58,830. There are 11 employees and 2400 volunteers at Hartford Marathon Foundation Inc.


Here are 17 key members and their salaries (Hartford Marathon Foundation Inc's CEO's salary is $200,000 and their total compensation is $200,000):


Elizabeth G Shluger (Ceo & Execut)
  • Compensation: $200,000
  • Related: $0
  • Other: $0
Raymond Hassett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Foley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Mule (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Steigman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher A Montross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Holowesko (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irvin Girard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Costanzo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earle Smola (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Worthington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Hernandez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin E Verge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter A Gutermann (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Haggett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sivasenthil Arumugam (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Andrews (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hartfordmarathon.com

Where can I find the form 990 for Hartford Marathon Foundation Inc?

Hartford Marathon Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hartfordmarathon.com

Learn more at the official website: www.hartfordmarathon.com

Mission Statement of Hartford Marathon Foundation Inc

Hartford Marathon Foundation Inc, as its mission statement suggests, is committed to providing health and fitness opportunities for the community. In pursuit of this goal, the organization actively produces a variety of athletic events annually, with the Hartford Marathon serving as its flagship event. Beyond organizing these competitions, the foundation also extends its reach to school children across Connecticut by offering free, running-based training programs. These initiatives aim to foster a culture of health and fitness within the community, providing opportunities for individuals to engage in physical activities and improve their overall well-being. By producing these events and training programs, Hartford Marathon Foundation Inc is making a significant contribution to promoting community health and fitness.

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Impact




July, 2024

Hartford Marathon Foundation Inc's impact can be seen through its dedication to providing health and fitness opportunities for the community. By organizing the Hartford Marathon and more than 30 other athletic events annually, the foundation promotes active lifestyles and encourages participation in physical activities. Additionally, their free running-based training programs for school children throughout Connecticut help to instill healthy habits from a young age. Through their efforts, Hartford Marathon Foundation Inc plays a significant role in promoting recreation and overall well-being in East Hartford and beyond.




This information is meant to be a general summary of Hartford Marathon Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,630,130 (2022)
Expenses
$2,717,105 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,429
  • Program Service Revenue: $1,875,521
  • Gross Receipts: $2,673,532

Assets and Liabilities:

  • Total Assets: $1,476,454
  • Total Liabilities: $224,519
  • Net Assets: $1,251,935

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ENTRY FEES

Revenue

$1,520,723

OTHER EVENT FEES

Revenue

$354,798

Organization Details

Founding Year

1994

Principal Officer

Elizabeth G Shluger

Main Address

351 MAIN STREET, EAST HARTFORD, CT, 06118

NTEE Category

Code: N60 - Recreation

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